Serendipity 7,821 Posted May 22, 2015 Share Posted May 22, 2015 In the history of sudden wealth loss, Li Hejun may have set a new record. Li, who was China's richest man until this week, saw his fortune drop by as much as $15 billion in a half-hour as the stock in his company, Hanergy Thin Film Power Group, fell by nearly half. Trading in the shares was halted Wednesday and Li didn't attend the company's annual meeting. While plenty of billionaires have seen their fortunes cut in half over time, few if any have seen $15 billion wiped out in a half-hour. Li's total fortune was around $30 billion before the stock plunged. Prior to the drop, the company's shares had risen by more than fivefold since September, baffling a--lysts. Reuters reports thatHong Kong regulators are looking at alleged market manipulation with the stock. In a similar wealth decline, Hong Kong property and electronics magnate Pan Sutong has lost more than $11 billion this week as shares of two listed companies, Goldin Financial and Goldin Property, both closed down more than 40 percent. Pan owns around 65 percent of Goldin Property and more than 70 percent of Goldin Financial, according to filings. His fortune was listed at more than $28 billion, making him Hong Kong's second-richest man. That means that the two men have lost more in one day that the total net worth of Carl Icahn, Steve Ballmer or Michael Dell. http://www.nbcnews.com/business/business-news/chinas-richest-man-loses-15-billion-minutes-n362696 God give him strength to bear See talent here-->http://bit.ly/2eqeUxK Link to post Share on other sites More sharing options...
Alii 2,039 Posted May 22, 2015 Share Posted May 22, 2015 Poor ha Link to post Share on other sites More sharing options...
HighwayGuy 1,498 Posted May 22, 2015 Share Posted May 22, 2015 So he's only got $15 billion left? Tragic Link to post Share on other sites More sharing options...
Staryu 6,162 Posted May 22, 2015 Share Posted May 22, 2015 Quick, we need to start a GoFundMe page. Link to post Share on other sites More sharing options...
GagaMyBlood95 9,915 Posted May 22, 2015 Share Posted May 22, 2015 Oh only 15 billion left for him... Link to post Share on other sites More sharing options...
field 98 Posted May 22, 2015 Share Posted May 22, 2015 My heart bleeds... Link to post Share on other sites More sharing options...
Better Day 5,766 Posted May 22, 2015 Share Posted May 22, 2015 Wee shame #DeathToCapitalisn #SocialistRevolution Together You And I! Link to post Share on other sites More sharing options...
bionic 50,111 Posted May 22, 2015 Share Posted May 22, 2015 This reminds me of the time I accidentally left a 50kr note in my trouser pockets and put it in the washing machine. #justiceforbionic Link to post Share on other sites More sharing options...
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